USDCAD

USDCAD Sep 13 2020

Monthly - SW since 2012 Sep. ABC forming the boundaries of congestion. 

Monthly Line should look to turn down soon and we can expect it to head to B

Weekly - Retrace 78.6% and look to take out low.

Daily - Forming FTP

Daily 

5D Impulse Stats - 0.0532

18D Impulse Stats - 0.07665

5D - 0.00822 15%  < Mean But note 18 D is oversold

18D - -0.14363 / -187% / > Mean + 2

Road Map

Monthly in Congestion. XABC.

18d looks oversold at the moment.

5D has turned up. 

Is this just a correction in the higher time frame?